West Virginia HB5430 regulates pharmacy benefit managers and state pharmacy purchasing.

West Virginia HB5430 regulates pharmacy benefit managers and state pharmacy purchasing by requiring an annual pharmacy dispensing fee study, limiting amounts charged by pharmacy benefit managers, prohibiting certain contracting practices, and requiring implementation of a pharmacy cost containment tool. The bill mandates that pharmacy benefit managers cannot discriminate against 340B entities, prohibiting them from reimbursing 340B entities at rates lower than those paid to non-340B entities.

West Virginia HB5430 regulates pharmacy benefit managers and state pharmacy purchasing.

West Virginia HB5430 regulates pharmacy benefit managers and state pharmacy purchasing by requiring an annual pharmacy dispensing fee study, limiting amounts charged by pharmacy benefit managers, prohibiting certain contracting practices, and requiring implementation of a pharmacy cost containment tool. The bill mandates that pharmacy benefit managers cannot discriminate against 340B entities, prohibiting them from reimbursing 340B entities at rates lower than those paid to non-340B entities.